Industrial management and Engineering economics blue print

objectives
101. Understand the basic concept industrial management and organization
Industrial management and organization are concerned with the efficient and effective
management of resources, including people, equipment, materials, and finances, to achieve
organizational goals and objectives. The following are the basic concepts of industrial management
and organization:
1. Planning:
Planning involves setting goals and objectives, developing strategies and plans, and allocating
resources to achieve organizational goals. This involves analyzing market trends, identifying
opportunities and threats, and developing action plans to achieve organizational objectives.
2. Organizing:
Organizing involves designing the organizational structure, establishing roles and responsibilities,
and creating systems and procedures to achieve organizational goals. This involves identifying the
necessary skills and resources, defining roles and responsibilities, and establishing communication
channels and decision-making processes.
3. Staffing:
Staffing involves acquiring, developing, and retaining human resources to achieve organizational
goals. This involves identifying the necessary skills and competencies, recruiting and selecting
employees, providing training and development opportunities, and managing employee
performance.
4. Directing:
Directing involves motivating, communicating with, and leading employees to achieve
organizational goals. This involves setting performance expectations, providing feedback and
recognition, and creating a positive work environment that encourages employee engagement and
productivity.
5. Controlling:
Controlling involves monitoring, evaluating, and adjusting organizational performance to achieve
organizational goals. This involves tracking progress towards organizational goals, identifying
variances, and taking corrective actions to address deviations from planned performance.
6. Quality Management:
Quality management involves developing and implementing processes and systems to ensure that
products and services meet or exceed customer expectations. This involves establishing quality
standards, developing quality control processes, and implementing quality improvement initiatives
to continuously improve product and service quality.
7. Operations Management:
Operations management involves managing the production and delivery of products and services
to meet customer needs and expectations. This involves designing and managing production
processes, managing inventories and supply chains, and ensuring that products and services are
delivered on time and within budget.
8. Financial Management:
Financial management involves managing financial resources to achieve organizational goals.
This involves developing and managing budgets, analyzing financial performance, and making
financial decisions to maximize profitability and minimize risk.
9. Marketing Management:
Marketing management involves identifying customer needs and preferences, developing
marketing strategies, and promoting products and services to achieve organizational goals. This
involves conducting market research, developing marketing plans, and implementing marketing
campaigns to reach target audiences and increase sales.
10. Information Management:
Information management involves managing information resources to support organizational
decision-making and performance. This involves collecting, analyzing, and disseminating
information, developing information systems and databases, and ensuring that information is
accurate, timely, and relevant.
Overall, industrial management and organization involves a range of activities and concepts aimed
at achieving organizational goals and objectives. By applying these concepts effectively,
organizations can optimize their operations, improve their financial performance, and deliver high-
quality products and services to customers.
102. Understanding the basic principle of industrial plant design
Industrial plant design involves the planning, design, and construction of facilities that are used
for manufacturing, processing, and other industrial activities. The basic principles of industrial
plant design are as follows:
1. Process Design:
Process design involves designing the manufacturing or production processes to be used in the
plant. This involves selecting the appropriate equipment, designing the layout of the plant, and
determining the flow of materials and products through the plant. The goal of process design is to
optimize the efficiency and effectiveness of the manufacturing process, minimize waste, and
maximize productivity.
2. Equipment Design:
Equipment design involves selecting and designing the equipment to be used in the plant. This
involves selecting equipment that is appropriate for the manufacturing process, designing the
equipment to meet the specific needs of the process, and ensuring that the equipment is safe and
reliable. The goal of equipment design is to ensure that the equipment is efficient, effective, and
safe to use.
3. Safety Design:
Safety design involves designing the plant to be safe for employees and visitors. This involves
designing the plant with safety in mind, selecting equipment that meets safety standards, and
implementing safety procedures and protocols. The goal of safety design is to ensure that the plant
is safe for employees and visitors and to prevent accidents and injuries.
4. Environmental Design:
Environmental design involves designing the plant to minimize its impact on the environment.
This involves designing the plant to reduce waste, minimize energy consumption, and minimize
emissions. The goal of environmental design is to ensure that the plant is environmentally
sustainable, and to comply with environmental regulations and standards.
5. Ergonomic Design:
Ergonomic design involves designing the plant to be comfortable and safe for employees to work
in. This involves designing workstations and equipment to reduce physical strain and fatigue, and
providing a comfortable and safe working environment. The goal of ergonomic design is to ensure
that employees can work safely and comfortably, which can improve productivity and reduce the
risk of injuries and illnesses.
6. Maintenance Design:
Maintenance design involves designing the plant to be easy to maintain and repair. This involves
designing equipment and facilities to be accessible and easy to inspect, maintain, and repair. The
goal of maintenance design is to minimize downtime and repair costs, and to ensure that equipment
is operating at peak efficiency.
7. Flexibility Design:
Flexibility design involves designing the plant to be flexible and adaptable to changing needs and
conditions. This involves designing the plant with modular and scalable components, and selecting
equipment that can be easily reconfigured or repurposed. The goal of flexibility design is to ensure
that the plant can respond quickly and effectively to changes in demand, production requirements,
and market conditions.
Overall, the basic principles of industrial plant design involve designing the plant to be efficient,
effective, safe, environmentally sustainable, and adaptable to changing needs and conditions. By
following these principles, organizations can optimize their operations, reduce costs, improve
quality, and enhance their competitiveness in the market.
103. Understand the effective material management
Effective material management involves the planning, procurement, storage, and distribution of
materials to meet the needs of an organization in an efficient and cost-effective manner. The
following are the key elements of effective material management:
1. Material Planning:
Material planning involves forecasting the demand for materials and planning the procurement of
materials to meet that demand. This involves analyzing historical data, market trends, and
production requirements to determine the quantity and timing of material orders.
2. Material Procurement:
Material procurement involves sourcing, ordering, and receiving materials from suppliers. This
involves identifying potential suppliers, negotiating prices and terms, and placing orders for
materials. Effective material procurement also involves managing supplier relationships, ensuring
that materials are delivered on time and in the correct quantities, and monitoring supplier
performance.
3. Material Storage:
Material storage involves storing materials in a way that ensures they are protected from damage,
deterioration, and theft. This involves selecting appropriate storage facilities, organizing materials
for easy access and retrieval, and implementing inventory management systems to track material
levels, location, and usage.
4. Material Handling:
Material handling involves the movement of materials within the organization, including receipt,
storage, and distribution. This involves selecting appropriate equipment, such as forklifts and
conveyors, and ensuring that materials are handled safely and efficiently.
5. Material Distribution:

Material distribution involves delivering materials to the appropriate locations within the
organization, such as production facilities, warehouses, or distribution centers. This involves
selecting appropriate transportation methods, such as trucks or trains, and ensuring that materials
are delivered on time and in the correct quantities.
6. Material Disposal:
Material disposal involves safely and responsibly disposing of materials that are no longer needed
or are no longer usable. This involves complying with environmental regulations and ensuring that
hazardous materials are disposed of in a way that does not pose a risk to the environment or public
health.
7. Inventory Management:
Inventory management involves maintaining the optimal level of materials to meet production
requirements while minimizing inventory costs. This involves implementing inventory control
systems, such as just-in-time (JIT) or materials requirement planning (MRP), and monitoring
inventory levels to ensure that materials are available when needed.
8. Material Tracking:
Material tracking involves maintaining accurate records of material usage, inventory levels, and
procurement activities. This involves implementing material tracking systems, such as barcoding
or radio frequency identification (RFID), and using data analytics to analyze material usage and
identify opportunities for improvement.
Effective material management is critical to the success of an organization, as it can improve
production efficiency, reduce costs, and enhance customer satisfaction. By following the key
elements of effective material management, organizations can ensure that they have the right
materials, in the right quantities, at the right time, and at the right cost, to meet their production
requirements and achieve their business goals.
104. Understanding the basic principle of management and resource allocation
Management and resource allocation are closely related concepts that involve the planning,
organizing, directing, and controlling of resources to achieve organizational goals and objectives.
The basic principles of management and resource allocation are as follows:
1. Planning:
Planning involves setting goals and objectives, developing strategies and plans, and allocating
resources to achieve organizational goals. This involves analyzing market trends, identifying
opportunities and threats, and developing action plans to achieve organizational objectives.
2. Organizing:
Organizing involves designing the organizational structure, establishing roles and responsibilities,
and creating systems and procedures to achieve organizational goals. This involves identifying the
necessary skills and resources, defining roles and responsibilities, and establishing communication
channels and decision-making processes.
3. Directing:
Directing involves motivating, communicating with, and leading employees to achieve
organizational goals. This involves setting performance expectations, providing feedback and
recognition, and creating a positive work environment that encourages employee engagement and
productivity.
4. Controlling:
Controlling involves monitoring, evaluating, and adjusting organizational performance to achieve
organizational goals. This involves tracking progress towards organizational goals, identifying
variances, and taking corrective actions to address deviations from planned performance.
5. Resource Allocation:

Resource allocation involves the allocation of resources, such as people, equipment, materials, and
finances, to achieve organizational goals. This involves identifying the necessary resources,
prioritizing their use, and allocating them to the most critical business activities.
6. Optimization:
Optimization involves maximizing the efficiency and effectiveness of resource allocation to
achieve organizational goals. This involves identifying opportunities for improvement, analyzing
resource usage and productivity, and implementing changes to improve resource allocation and
utilization.
7. Flexibility:
Flexibility involves being agile and adaptable in the allocation of resources to respond to changing
business needs and conditions. This involves designing systems and processes that are flexible and
scalable, and having the ability to adjust resource allocation based on changing business
requirements.
8. Cost Management:
Cost management involves managing costs associated with the allocation of resources to achieve
organizational goals. This involves identifying cost drivers, analyzing cost structure, and
implementing cost reduction strategies to optimize resource allocation and achieve cost savings.
Overall, the basic principles of management and resource allocation involve planning, organizing,
directing, and controlling resources to achieve organizational goals. Effective resource allocation
involves identifying the necessary resources, prioritizing their use, and optimizing their allocation
to achieve business objectives. By following these principles, organizations can optimize their
operations, reduce costs, improve productivity, and enhance their competitiveness in the market.